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Microeconomics

Microeconomics

Sophia's Microeconomics course helps you thoroughly understand the principles of economics related to the behavior of individuals and firms in making decisions on the allocation of resources. You will learn the role of government in promoting greater efficiency and equity in the economy and how to evaluate decisions with an economic lens. Full Description

  • Accepted for Credit Transfer by Upper Iowa University
  • 3 semester credits at Upper Iowa University
  • Upper Iowa University Equivalency: BA 160 - Microeconomic Principles

Category: Social Science

Benefits


Accepted for transfer by Upper Iowa University.

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Description

Microeconomics

Course Description
Sophia's Microeconomics course helps you thoroughly understand the principles of economics related to the behavior of individuals and firms in making decisions on the allocation of resources. You will learn the role of government in promoting greater efficiency and equity in the economy and how to evaluate decisions with an economic lens.

Assessments & Grading

This is a pass/fail course. You must complete 9 Challenge assessments (these are like quizzes) and 4 Milestone assessments (these are like tests) with an overall score of 70% or better.

Learning Outcomes

At the end of the course, you'll be able to:

  • Describe economics
  • Examine the consumer
  • Analyze the firm
  • Interpret market interactions: consumer and firm

Sophia's Many Ways™
This course provides you access to Sophia's Many Ways™ learning model. This model provides you with various instructional styles for each learning objective. With this unique model, you can find a method that appeals to your individual learning preference.

Rating
by Devon H. on January 21, 2021
I learned a lot, but some of the test questions were worded in a way that made more than one of the answers seem correct depending on how you read it.
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by Shameka H. on January 20, 2021
This was a hard course for me had to reread alot
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by Serita H. on January 20, 2021
This course was EXTREMELY difficult!
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by Thomas C. on January 19, 2021
Content was vague. The corresponding questions to the content was garbage and there were errors throughout.
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by Chad G. on January 19, 2021
Great course. The test can be quite challenging.
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by Brooks R. on January 18, 2021
I took Macroeconomics first, it was long and hard, so this was a little easier due to that understanding. However, the questions here are confusing and the answers are nowhere in the text. A lot of formulas and some are not too clearly stated for your understanding. It is overall a good course as far as learning about Microeconomics goes so I do recommend taking the course. Enjoy!
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by Josnea D. on January 18, 2021
This course was a little challenging but not too bad. I finished in one day! Sophia is the best! Thanks to them I will graduate earlier than I anticipated!
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by william m. on January 18, 2021
This course is challenging but I learned a lot.

FAQ

  • Q: What does "Try it for Free" mean?

    A: The Free Trial allows you to access the course of your choice, or multiple courses. It gives you access to the first unit ("Challenge 1") in the course. This will let you meet the course instructors, sample the instructional content, and answer a set of assessment questions in the Challenge. You can also read the Student Guide and watch an Orientation Video to learn more about the course format, requirements, and resources.

    Any work you complete in the Free Trial is saved, so if you decide to register, you do not need to repeat it. Of course, we also let you reset it and start over if you wish.

  • Q: Does Sophia accept third-party payment for membership, such as financial aid or military benefits?

    A: Sophia is not a college or university and is not eligible for financial aid, military benefits, or other third-party payments. A Sophia membership is considered an out-of-pocket educational expense.

  • Q: When do the courses start and how long do I have to complete a course?

    A: You choose your own course start date and have 60 days from your chosen start date to complete each course. Sophia courses are self-paced, so many students complete a course in less than 60 days.

  • Q: Where do I get the textbooks for my course?

    A: You do not need any textbooks for Sophia courses. All material is taught by video and text-based tutorials that are in the courseroom, and are included as part of a Sophia membership.

  • Q: How am I graded in the course?

    A: Sophia courses are graded on a pass/fail basis, with 70% overall required to pass the course. Your score is based upon points earned in the formative assessments ("Challenges"), summative assessments ("Milestones"), and if applicable, the authentic assessments ("Touchstones"). Currently, our Foundations of English Composition, English Composition I, and Public Speaking courses contain Touchstones.

  • Q: How do I know which courses I should take?

    A: Consult with your academic adviser at your university to determine specifically which Sophia courses could fit into your program. You can download the course syllabus directly from our site to share with your school advisor.

  • Q: Are the tests proctored?

    A: Sophia courses utilize keyboard biometrics as an alternative to proctoring. No webcam is needed for a Sophia course.

  • Q: I'm taking a course where I have to submit Touchstones. How long does it take for my Touchstone to be graded once it's submitted?

    A: We provide our faculty graders with up to 7 business days to grade a Touchstone. The actual time may vary based on volume and grader capacity.

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